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$2,700,000
26 Days On Site

156 Franklin Avenue
Hartford, CT 06114

For Sale|Commercial Sale|Active
0
Beds
5
Full Baths
5
Partial Baths
21,101
SqFt
$128
/SqFt
1940
Built
County:
Hartford
Listing courtesy of Alexander Pryor of KW Legacy Partners

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156 Franklin Avenue156 Franklin Avenue156 Franklin Avenue156 Franklin Avenue
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Welcome to 156-162 Franklin Ave. A Prime Retail and Commercial Investment Opportunity located just minutes from downtown. This diverse retail complex provides a one-stop shopping experience for both consumers and businesses. The property features a mix of commercial units, including a car wash, grocery store, restaurant, and office space. Key Features Include: Total Building Size: Over 17,000 square feet. Prime Location with high visibility and strong foot traffic, ideal for retailers and customers alike. Off-street parking with spaces for tenants & visitors. Accessible retail spaces with upgrades to roof including remodeled storefronts and repaved rear lot. Highlights include natural gas heating. The Cap is over 5 with low operating expenses. The rent roll consists of the following: 2 Story Office Building: $6,500/month. Mini Mart: $3,000/month. Seafood Restaurant: $2,500/month. Car Wash pays $2,500. Property is zoned for Ms-2 with "mix use" potential. First floor of the office building has potential to expand for a fifth retail space. Excellent portfolio for an investor looking to cash flow and own a staple retail complex in a vastly growing neighborhood.

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Listing Snapshot
Price 
$2,700,000
Days On Site 
26 Days
Bedrooms 
N/A
Inside Area (SqFt) 
21,101 sqft
Total Baths 
5
Full Baths 
5
Partial Baths 
5
Lot Size 
0.48 Acres
Year Built 
1940
MLS® Number 
24058748
Status 
Active
Property Tax 
$15,633
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
4 weeks agoListing first seen on site
General Features
Acres 
0.48
Foundation 
Concrete Perimeter
Number Of Stories 
2
Sewer 
Public Sewer
SqFt Total 
21101
Utilities 
Natural Gas Available
Water Source 
Public
Zoning 
MS-2
Interior Features
Cooling 
Central Air
Heating 
Natural GasForced Air
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Exterior Features
Construction Details 
Frame
Lot Features 
Level
Roof 
Tar/Gravel
Listing courtesy of Alexander Pryor of KW Legacy Partners



The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 SmartMLS, Inc.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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